We are a rapidly expanding research company which delivers round-the-clock analytical coverage on the FX markets. Knowing time is the essence in FX trading, we are committed to providing first hand analysis of the latest market movements and deciphering in the process the embedded signals that lead to the build-up of the next moves.
Our research team comprises seasoned and experienced technical analysts who are the usual guest speakers at technical analysis workshops and conferences organized by major financial information vendors. The in-house developed trading system which is time-tested and continuously refined employs a combination of technical and fundamental forms of analysis to further supplement the application of Elliott Wave principles. Our objective is simple- to aid our users to meet their end goal i.e. generating trading profits by offering our users an unique service that comes with market commentaries across different time frames and actionable trading recommendations.
Forex Trading with Wave Dynamics Forex trading, with markets trading 24 hours day and up to 6 days a week can be strenuous for the individual investors let alone the professional traders at banks and other institutions. Without a clear method and proper money managements, traders either lose their funds or suffer burnout. As with all markets, there is no silver bullet and at Wave Dynamics we advocate the implementation of 3 distinct ways of analyzing currency markets and looking for opportunities to trade.
Elliott Wave Theory Using a multitude of time frames, from intra-day up to monthly, Elliott Wave Theory is applied in an effort to come up with a Preferred Count to provide the foundation for further analysis of chart patterns. Obviously, the initial count can be proven wrong by the markets and an Alternate Count needs to be in place so even if the immediate direction the currency is expected to move is not clear, there is still an indication of what could be unfolding as part of the bigger picture (larger degree count). The application of Fibonacci ratios for retracement and projection purposes is also an important feature of the analysis methods that Wave Dynamics employs.
Technical Analysis In addition to classic chartists' methods of pattern recognition and trend analysis, the use of technical indicators in determining momentum and upside/downside potential is essential for trading the forex markets on a judgmental but objective basis. The charts used by Wave Dynamics include an array of several indicators commonly found on popular forex trading software and combined with the use of an appropriate wave count, trading signals are generated for short term (intra-day) traders to follow.
Fundamental Awareness There is often the misconception of fundamental analysis as a method of trading currencies based on the strength (bullishness/bearishness) of live economic data releases and also interest rate differentials between two countries. However, at Wave Dynamics, fundamental awareness means that Elliott Wave Theory and technical analysis form the two main pillars of analysis while also taking into account the past, about to be released and upcoming economic data which have potential to affect the forex markets.
The above is only a short summary of what Wave Dynamics is about. In addition to providing market commentaries and trading signals, we also write up regular articles on trading and technical analysis.
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